Practice Management

Global Knowledge Gateway

Practice Management

To help improve the management and operational efficiency of practices, especially small- and medium-sized accountancy practices (SMPs), this area is intended to help those managing practices to address opportunities and challenges; improve their competitiveness, profitability, and sustainability; enhance their expertise, competence, and efficiency; create an environment conducive to the provision of high-quality services; and showcase global best practices and latest practice management techniques. Read More


The Evolution of an Accounting Practice: The Impact of Technology

by Giancarlo Attolini, Chair, IFAC SMP Committee and Paul Thompson, Director, Global Accountancy Profession Support | September 24, 2014 |

IFAC SMP Committee Chair Giancarlo Attolini interviews five committee and IFAC Board members on the technologies that have and will most impact them. Read More


How Accounting Practices Can Support the Globalization of Small Business
by Stuart Black, IFAC SMP Committee Member and Paul Thompson, Director, Global Accountancy Profession Support, IFAC | August 19, 2014 |

Small businesses are going global, and their accountants can help them on the journey; a look at recent surveys and trends, plus nine recommendations to help accountants enhance their ability to provide international services. Read More

 1 Recommended

Monitoring and Benchmarking Key Performance Indicators: Part Two
by Stuart Black, IFAC SMP Committee Member, and Paul Thompson, IFAC Director, SME & SMP Affairs | August 5, 2014 |

Part One of this two-part series looked at how to select key performance indicators; Part Two looks at benchmarking and using the data. Read More


Is Value Pricing the Way of the Future? We Asked and You Said Yes!
by Andreas Noodt, Member, IFAC SMP Committee | July 25, 2014 | 2

We asked if you think Value Pricing will be the strategy of the future—results are in! Read More


Implementing the International Standard on Quality Control 1 (ISQC 1): Challenges, Solutions, and Benefits
by Jason Pang, Manager, Quality Assurance, Institute of Singapore Chartered Accountants, and Christopher Arnold, Technical Manager, SME & SMP Affairs, IFAC | July 21, 2014 |

Key points from 2013 interviews of sole practitioners by the Institute of Singapore Chartered Accountants on their experiences implementing Singapore Standard on Quality Control 1, which is based on ISQC 1. Read More

 2 Recommended

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